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Discover Ludwig"advance payment" is a correct and usable phrase in written English
You can use it when you are talking about paying for something before the expected payment date. For example: "I made an advance payment to secure the reservation for my holiday."
Dictionary
Advance payment
noun
The part of a contractually due sum that is paid or received in advance for a good, service or social security payment.
synonyms
Exact(60)
Advance payment schemes are also prevalent.
Reservations and advance payment required.
Preregistration and advance payment required.
Online reservations and advance payment required.
Cost: Advance payment registration is $30.
A box lunch is available by advance payment of $12.
I offered him an advance payment of one day's salary.
DeLillo spends this advance payment as recklessly as his hero overinvests in loans against the yen.
And now Atera is requiring advance payment for its $165 prix fixe dinner.
A reception with wine and hors d'oeuvres is included, and advance payment is required.
They are therefore expecting an advance payment in order to establish a basis of trust".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com